The annual Credit Suisse-backed tome that examines 120 years’ worth of data on stocks, bonds, bills, inflation and currency is back and has issued its verdict on ESG investing: Despite what the marketeers would have us believe, such investments do not outperform their ‘traditional’ peers.
The Credit Suisse Global Investment Returns Yearbook is put together by academics from Cambridge University and London Business School, who this year turned their attention to ESG investing. Their findings portray a nascent and somewhat shambolic, yet promising, sector.
ESG-related investments had reached almost $31 trillion by t...